Norway
Zeti: EM central banks aided by development role
Bank Negara Malaysia governor Zeti Akhtar Aziz says central bank’s financial market mandate helped emerging market economies address credit market disruptions during crisis
Norges Bank’s Qvigstad: monetary policy boards can lead to groupthink
Norges Bank deputy governor Jan Qvigstad says independent monetary policy votes are subject to group pressure
Øystein Olsen named next Norges Bank chief
Statistics Norway managing director Øystein Olsen will become governor in January, as Svein Gjedrem’s final term draws to a close; move expected, analysts say
Norges Bank finds strong oil krone link
Norges Bank study shows strong co-movement between oil prices, krone exchange rate and interest differentials can provide useful benchmark for measuring currency
Norway’s global sovereign wealth fund tops Nkr3 trillion
Government Pension Fund Global market value reaches Nkr3 trillion milestone following a weakening krone
Norway’s Gulbrandsen: benefits of regulation outweigh costs
Norges Bank’s executive director of financial stability Kristin Gulbrandsen says tight regulation would have net social benefit
Norway’s Gjedrem says return to inflation target will be delayed
Norges Bank governor Svein Gjedrem says weakness in growth will lead to concessions on inflation mandate
Norway’s Gjedrem tells students merits of rules based system
Norges Bank governor Svein Gjedrem says experiment with centrally planned economy proved disastrous; says policy rules system remains best option
Nordic and Baltic regions strike financial stability deal
Eight Nordic and Baltic countries sign Memorandum of Understanding on cross-border financial stability and crisis management
Norway’s wealth fund slumps to first loss in a year
Government Pension Fund–Global posts $25 billion loss for first quarter; fund’s equity portfolio takes a beating, led by BP shares
Rate round-up: Chile ignores global tensions and hikes rates
Chile raises rates despite uncertainty in global recovery; Norway and South Korea hold; Ukraine cuts
Norges Bank – Annual Report on Payments Systems (2009)
Norges Bank says Norway’s payment system is secure but has room for improvement in cost-effectiveness
Norges Bank takes reputation poll
Norwegian central bank publishes outcome of its first ever reputation survey; poll finds central bank is doing well in public eyes, but could be more open
Norges Bank improves forecasting methods for external shocks
Norges Bank research applies theory of conditional forecasts to dynamic stochastic general equilibrium models
Norges Bank takes billion dollar hit in 2009
Annual accounts show Norway's central bank lost Nkr7.6 billion ($1.16 billion) in 2009
Norges Bank: payment prices should reflect costs
The Norges Bank annual report on payment systems calls for greater efficiency in sector
Norges Bank: Financial Stability Report
Norges Bank’s bi-annual Financial Stability Report shows a positive outlook for the Norwegian economy despite instability in Europe
Norway’s wealth fund profits again
Norges Bank’s Government Pension Fund-Global returns just under 4% for first quarter of 2010, outperforming benchmark once again; fund will set up Singapore office to strengthen Southeast Asian presence
Norges Bank: discretionary policy as good as simple rule policy
Norges Bank paper shows that optimal monetary policy is equally as effective in conducting policies as a simple rule system.
Norway’s Gjedrem: IMF, not G20, must lead post-crisis policy debate
Norges Bank governor Svein Gjedrem sees IMF as key means to engage all countries in building global policy framework
Norges Bank director pushes for better pricing of risk
Norges Bank director Arlid Lund discusses how to prevent the next crisis and where the risks lie
Norwegian housing finance still underdeveloped: Gjedrem
Norges Bank governor Svein Gjedrem says variable-rate mortgages still account for too large a part of the housing finance market
Norway puts rate rises on ice
Pause in exit strategy as recovery “takes hold”, inflation likely to fall
Norway enables account holders to switch bank in seconds
Finance ministry ruling paves the way for technology that will make Norway the first country to allow customers to change accounts with ease